Mortgage Guide

Fo’o Ham asked:


I want to refinance my home for a 40 or 45 year mortgage. What are the avantages and disavantages of this type of mortgages?
Thanks

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SteFanie asked:


I just paid off the 848,000 Bell mortgage, and I went and talked to Tom Nook. and he said theres another mortgage, so i was just wondering how many more mortgages there really are?

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cmdc22 asked:


Can I carry over from 2005 to 2006 interest paid on mortgages for tax deduction? Also, are there any other deductions that can be carried over besides charitable contributions?

Thanks.

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USC MissingLink asked:


I want to shop for mortgages for a new house without them needing to run my credit every time since having my credit run negatively impacts my credit (why is that anyway?).

How should I go about shopping for mortgages to get the best rates, lowest fees and best overeall package?

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peachy78 asked:


And is that a good idea? If we found a cheap, pretty good condition mobile home in a park and then found a nice piece of land to move it to, would that be cost effective? Would having two mortgages be bad? I know we need to get a real estate agent but in the meantime I’m just exploring options. Thx for any help.

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overwhelmed85 asked:


I have always wondered how house payments and mortgages happen, and how they figure out your monthly house payment. What would I have to do in order to buy/build a home with money?

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Ryan L asked:


The fed cut rates today 1/22/2008 by 75 points, but I checked rates offered on mortgages today and found that they have only dropped slightly. How long does it take before mortgage rates change with the fed prime rate cut?

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sullygromo asked:


I have 20 rental properties that I would like to sell. They all have mortgages on them. How can I create mortgages for my buyers to try to sell tham and still njoy a monthly cashflow?

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I hate Hussein Obama asked:


I pay my mortgage. Why should I pay his deadbeat welfare class supporters mortgages when they don’t have a job and live in a bigger house than me?

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Anthony T asked:


Is it true you can make a lot of money doing mortgages? And how do you get into that business?

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